Examples of Outside Construction Commencement Date in a sentence
From and after the date hereof, Sublessor shall, at its sole cost and expense (except as otherwise expressly provided herein), use its best efforts to achieve Construction Commencement on or before the Outside Construction Commencement Date and Substantial Completion on or prior to the Outside Delivery Date.
In the event of any Sublessee Delay that occurs prior to Construction Commencement, the Outside Construction Commencement Date and the Outside Delivery Date shall be extended one day for each day of actual delay caused by such Sublessee Delay and, in the event of any Sublessee Delay that occurs subsequent to Construction Commencement, the Outside Delivery Date shall be extended one day for each day of actual delay caused by such Sublessee Delay.
By their respective initials set forth below, Landlord and Tenant agree that the aforesaid amounts are reasonable as liquidated damages from Tenant in respect to lost percentage Rent for Tenant's failure to commence construction of the Improvements by the Outside Construction Commencement Date.
Payment of Delay Liquidated Damages shall not preclude User from seeking other damages at law or equity to which it may be entitled as a result of Contractor’s failure to achieve commencement of construction on or before the Outside Construction Commencement Date and/or Commercial Operation on or before the Outside Commercial Operation Date.
Following the Commencement Date, but not later than the Outside Construction Commencement Date, Tenant shall commence the construction of the Initial Project Improvements.